TIDMDRX

RNS Number : 9968Q

Drax Group PLC

24 February 2023

24 February 2023

Drax Group plc

("Drax" or "the Company")

Symbol: DRX

Notification of Transactions of Directors,

Persons Discharging Managerial Responsibility or Connected Persons

Andy Skelton, CFO and a PDMR, has notified the Company that on 23 February 2023 he purchased 8,026 ordinary shares in the Company at an aggregate price of 644.6 pence per share and 5,220 ordinary shares in the Company at an aggregate price of 643.2 pence per share. Following the transactions, Andy Skelton's total shareholding in the Company is 234,725 shares.

Nichola Skelton, a Person Closely Associated with Andy Skelton, has notified the Company that on 23 February 2023 she purchased 6,244 ordinary shares in the Company at an aggregate price of 637.3 pence per share.

The information below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 
 Details of PDMR / person closely associated with them ("PCA") 
 Name                             Andy Skelton 
                                 ------------------------------------- 
 Reason for the notification 
 Position / status                CFO 
                                 ------------------------------------- 
 Initial notification             Initial Notification 
  / amendment 
                                 ------------------------------------- 
 Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 Name                             Drax Group plc 
                                 ------------------------------------- 
 LEI                              549300YPSNTXR4ZHSR98 
                                 ------------------------------------- 
 Details of the transaction(s): section to be repeated for 
  (i) each type of instrument; (ii) each type of transaction; 
  (iii) each date; and (iv) each place where transactions have 
  been conducted 
 Description of the financial     Ordinary shares of 11 16/29 pence 
  instrument                       GB00B1VNSX38 
  Identification code 
                                 ------------------------------------- 
 Nature of the transaction        Purchase of ordinary shares 
                                 ------------------------------------- 
 Price(s) and volume(s)            Price(s)                 Volume(s) 
                                    644.6 pence per share    8,026 
                                                            ---------- 
                                    643.2 pence per share    5,220 
                                                            ---------- 
                                 ------------------------------------- 
      Aggregated information 
        *    Aggregated volume     13,246 
                                    644.1 
 
        *    Price 
                                 ------------------------------------- 
 Date of the transaction          23 February 2023 
                                 ------------------------------------- 
 Place of the transaction         XLON 
                                 ------------------------------------- 
 
 
 Details of PDMR / person closely associated with them ("PCA") 
 Name                            Nichola Skelton 
                                ------------------------------------- 
 Reason for the notification 
 Position / status               Person Closely Associated with CFO 
                                ------------------------------------- 
 Initial notification            Initial Notification 
  / amendment 
                                ------------------------------------- 
 Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
 Name                            Drax Group plc 
                                ------------------------------------- 
 LEI                             549300YPSNTXR4ZHSR98 
                                ------------------------------------- 
 Details of the transaction(s): section to be repeated for 
  (i) each type of instrument; (ii) each type of transaction; 
  (iii) each date; and (iv) each place where transactions have 
  been conducted 
 Description of the financial    Ordinary shares of 11 16/29 pence 
  instrument                      GB00B1VNSX38 
  Identification code 
                                ------------------------------------- 
 Nature of the transaction       Purchase of ordinary shares 
                                ------------------------------------- 
 Price(s) and volume(s)           Price(s)                 Volume(s) 
                                   637.3 pence per share    6,244 
                                                           ---------- 
                                ------------------------------------- 
      Aggregated information 
        *    Aggregated volume    6,244 
                                   637.3 pence per share 
 
        *    Price 
                                ------------------------------------- 
 Date of the transaction         23 February 2023 
                                ------------------------------------- 
 Place of the transaction        XLON 
                                ------------------------------------- 
 

--ENDS--

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END

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February 24, 2023 04:30 ET (09:30 GMT)

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